Major GeoPark (GPRK) holder Gilinski reports 25.8% beneficial ownership

Rhea-AI Filing Summary

GeoPark Limited’s major shareholder Colden Investments S.A., ultimately owned by Jaime Gilinski, has increased its stake through open‑market purchases. Colden now holds 16,463,243 common shares, representing 25.5% of GeoPark’s outstanding shares, while Gilinski is deemed to beneficially own 16,663,243 shares, or 25.8%.

Between March 17 and March 19, 2026, Colden bought 23,418, 563,213 and 488,309 common shares in the open market for aggregate purchase prices of $222,288.34, $5,581,778.43 and $4,975,762.98, respectively, funded with Gilinski’s personal funds. These percentages are based on 64,625,278 common shares outstanding as of March 5, 2026.

Insights

Equity ownership & governance analyst

Large shareholder raises GeoPark stake above one-quarter of shares.

Colden Investments S.A., controlled by Jaime Gilinski, reports beneficial ownership of 16,463,243 GeoPark common shares, with Gilinski deemed to control 16,663,243 shares in total. This corresponds to 25.5% and 25.8% of outstanding shares, respectively, based on 64,625,278 shares.

On March 17–19, 2026, Colden purchased additional shares in the open market at weighted average prices of $9.49, $9.91 and $10.19, funded with Gilinski’s personal funds. This strengthens an already significant position that may influence voting outcomes given the concentrated ownership level.

Future company filings may clarify any further ownership changes or strategic intentions associated with this stake size, but this amendment itself focuses on updating share counts and recent purchase details.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

GeoPark Limited

(Name of Issuer)

Common Shares, par value $0.001 per share

(Title of Class of Securities)

G38327105

(CUSIP Number)

Oliverio Lew
1170 Kane Concourse, Suite 500,
Bay Harbor Islands, FL, 33154
305-861-9477

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/19/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): G38327105

1

Name of reporting person

Colden Investments S.A.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

PANAMA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 16,463,243.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 16,463,243.00

11

Aggregate amount beneficially owned by each reporting person

16,463,243.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

25.5 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

Rows 8, 10 and 11 reflect the 16,463,243 common shares of GeoPark Limited, an exempted company limited by shares incorporated under the Laws of Bermuda (the "Issuer"), owned by Colden Investments S.A., a Panama sociedad anonima ("Colden"). These shares may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Colden.

SCHEDULE 13D

CUSIP Number(s): G38327105

1

Name of reporting person

Jaime Gilinski

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

PANAMA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 16,663,243.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 16,663,243.00

11

Aggregate amount beneficially owned by each reporting person

16,663,243.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

25.8 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 include (i) 16,463,243 common shares of the Issuer owned by Colden, which may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Colden and (ii) 200,000 common shares of the Issuer owned by Spaldy Investments Limited, a BVI Business Company existing and operating under the laws of the British Virgin Islands ("Spaldy"), which may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Spaldy.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Shares, par value $0.001 per share
(b)	Name of Issuer: GeoPark Limited
(c)	Address of Issuer's Principal Executive Offices: Calle 94 No. 11-30, 8 Piso, Bogota, COLOMBIA , 00000.
Item 1 Comment: This Amendment No. 2 amends and supplements the Schedule 13D filed on March 12, 2026 (as amended by Amendment No. 1, dated March 16, 2026, and as further amended from time to time, the "Schedule 13D") by Colden Investments S.A., a Panama sociedad anonima ("Colden") and Jaime Gilinski (collectively, the "Reporting Persons"), relating to common shares, par value US$0.001 per share ("Common Shares"), of GeoPark Limited, an exempted company limited by shares incorporated under the Laws of Bermuda (the "Issuer"). Capitalized terms used in this Amendment No. 2 and not otherwise defined shall have the same meanings ascribed to them in the Schedule 13D. Except as specifically amended by this Amendment No. 2, the Schedule 13D is unchanged.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and supplemented by adding the following information: On March 17, 2026, Colden acquired 23,418 Common Shares for an aggregate purchase price of $222,288.34. On March 18, 2026, olden acquired 563,213 Common Shares for an aggregate purchase price of $5,581,778.43. On March 19, 2026, Colden acquired 488,309 Common Shares for an aggregate purchase price of $4,975,762.98. The source of funds for these acquisitions was the personal funds of Jaime Gilinski.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in Rows 11 and 13 of the cover pages to this Schedule 13D is incorporated by reference. The percentage of Common Shares outstanding is calculated based on 64,625,278 Common Shares issued and outstanding as of March 5, 2026, as reported in the Issuer's Form 6-K filed on March 6, 2026.
(b)	The information set forth in Rows 7 through 10 of the cover pages to this Schedule 13D is incorporated by reference.
(c)	Item 5(c) of the Schedule 13D is hereby amended and supplemented by adding the following information: On March 17, 2026, Colden purchased 23,418 Common Shares in the open market, at a weighted average price per share of $9.49 (multiple transactions at prices ranging from $9.46 to $9.50, inclusive). On March 18, 2026, Colden purchased 563,213 Common Shares in the open market, at a weighted average price per share of $9.91 (multiple transactions at prices ranging from $9.79 to $9.92, inclusive). On March 19, 2026, Colden purchased 488,309 Common Shares in the open market, at a weighted average price per share of $10.19 (multiple transactions at prices ranging from $10.10 to $10.20, inclusive).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Colden Investments S.A.

Signature:	/s/ Jaime Gilinski
Name/Title:	Jaime Gilinski, Authorized Signatory
Date:	03/20/2026

Jaime Gilinski

Signature:	/s/ Jaime Gilinski
Name/Title:	Jaime Gilinski
Date:	03/20/2026

FAQ

How many GeoPark (GPRK) shares does Colden Investments now beneficially own?

Colden Investments S.A. reports beneficial ownership of 16,463,243 GeoPark common shares. This represents 25.5% of the company’s 64,625,278 common shares outstanding as of March 5, 2026, giving Colden a significant minority stake and substantial voting influence.

What is Jaime Gilinski’s total beneficial ownership in GeoPark (GPRK)?

Jaime Gilinski is deemed to beneficially own 16,663,243 GeoPark common shares, or 25.8% of the class. This includes 16,463,243 shares held by Colden Investments S.A. and 200,000 shares held by Spaldy Investments Limited, both ultimately owned by Gilinski.

What recent GeoPark (GPRK) share purchases did Colden Investments disclose?

Colden disclosed three open-market purchases in March 2026. It bought 23,418 shares on March 17, 563,213 shares on March 18, and 488,309 shares on March 19, for aggregate prices of $222,288.34, $5,581,778.43 and $4,975,762.98, respectively, using Gilinski’s personal funds.

At what prices did Colden Investments buy recent GeoPark (GPRK) shares?

Colden’s March 2026 purchases were made at weighted average prices of $9.49, $9.91, and $10.19 per share. Each day’s trading involved multiple transactions within narrow price ranges, reflecting open-market buying activity over three consecutive trading days.

What percentage of GeoPark (GPRK) does 64,625,278 outstanding shares represent in this filing?

The filing states there were 64,625,278 GeoPark common shares outstanding as of March 5, 2026. Using this figure, Colden’s 16,463,243 shares equal 25.5% of the class, and Gilinski’s 16,663,243 shares equate to 25.8%, indicating a sizable minority ownership position.

How are Spaldy Investments’ GeoPark (GPRK) shares treated in this Schedule 13D/A?

The filing notes that 200,000 GeoPark common shares are held by Spaldy Investments Limited. These shares are deemed to be beneficially owned by Jaime Gilinski, who is Spaldy’s sole shareholder and ultimate beneficial owner, and are included in his 16,663,243-share total.